Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$565,306$565,306$567,000
Remaining term (yrs)25.825.830.0
Secondary amount$0$33,194$0
Funding fee$2,827$2,827$0
Note rate4.250%4.250%7.400%
Blended rate4.250%4.673%7.640%
1st payment$3,001.84$3,001.84$3,925.79
2nd payment$0.00$328.48$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$480.00$480.00$480.00
Total monthly$4,173.50$4,501.99$5,210.86
Cash to close$64,694$31,500$63,000